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Helpful (3)

Great place to launch a career, but long term opportunities here are questionable

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Assistant Vice President of Key Accounts in Chicago, IL
Current Employee - Assistant Vice President of Key Accounts in Chicago, IL

I have been working at FactSet

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

On-site exposure to investment management professionals, opportunity to build network of relationships in buyside space, access to resources to learn about finance and financial markets, great training for new employees, benefits are exceptional

Cons

The promotion system is a mystery. At times it seems someone reaches into a bag and draws a name to decide who gets promoted. Some Consultants move up after a year, whereas some have been Consultants for more than three years. Seemingly no pattern to this. Also, a Consultant's skill set surpasses that of management in terms of ability to support clients very quickly. At that point if you don't have a clear vision of where your career is going, and make that known, you will be stuck in one place. You have to be extremely self-motivated to establish a long term career here.

Advice to Management

Know our clients. Know our jobs. Ask questions.

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  1. Helpful (1)

    Great place to start with oppurtunity to shape your own career

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager in Norwalk, CT
    Current Employee - Product Manager in Norwalk, CT

    I have been working at FactSet

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    - Great Vision and products - Great benefits - Less pressure - Friendly co-workers and management - Competent Engineers and others

    Cons

    - Hard to advance career in remote offices - same people in management since the beginning - company has grown over the years yet a feel of small company

    Advice to Management

    Should take bold steps and be willing to invest more in product development. Also, more oppurtunities and career path for existing employees.


  2. Helpful (1)

    Cool people, little incentive, poor salary.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at FactSet

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Work with really cool people, who are of comparable age. Employees here are very nice and fun to work with.

    Cons

    No adjustment of salary (COLA) for working in NYC. Starting salary was the same across all offices in the US, so a clear disadvantage if you are hired for the NY office.

    Advice to Management

    Be honest about compensation in upcoming periods. Either increase base salary or provide some incentive for employees. For a job in the financial services industry, the pay is very poor.


There are newer employer reviews for FactSet
There are newer employer reviews for FactSet

See Most Recent

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